Lake Home For Sale

$50,000 Price Reduction plus $25,000 financial credit on an excellent, turnkey beach investment in the heart of Destin, one of the most sought-after destinations along the Emerald Coast. This thoughtfully maintained property offers the perfect combination of prime location, relaxed coastal lifestyle, and impressive income potential. What truly sets this property apart is its strong, consistent rental performance. Generating $140,000 in 2025, this is more than a vacation home, it's a proven, income-producing asset with repeat guest demand. Whether you're a seasoned investor or entering the short-term rental market, this opportunity offers immediate returns with documented success. A major upgrade includes a brand-new roof, providing peace of mind and minimizing near-term capital expenses, an invaluable advantage for any investor focused on maximizing ROI. Just a short 3-minute trek to the sugar-white sands and emerald-green waters of the Gulf of Mexico, this home delivers the effortless beach experience vacationers crave--no parking hassles, just easy access to the shoreline. Designed with comfort and functionality in mind, the home accommodates families and groups with ease. Inviting living spaces, well-appointed bedrooms, and a private pool surrounded by durable TREX decking create the perfect setting to relax after a day in the sun. Guests will also enjoy close proximity to Destin's top dining, shopping, and entertainment, supporting strong occupancy year-round. Positioned in one of Florida's most vibrant vacation rental markets, this property benefits from year-round tourism, stunning natural beauty, and the unmatched appeal of the Emerald Coast. Turnkey. Profitable. Coastal. This is the investment you've been waiting for!

Property Details

  • Beds: 5
  • Baths: 4.0
  • Sq Feet: 2450
  • Year Built: 1994
  • Location: Lake Destiny - Okaloosa County
  • Acres: 0.170
  • Waterfront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake
  • County: Okaloosa County
  • Community: KOKOMO KOVE
  • Heat/AC: Central
  • Siding: Frame, Siding Vinyl, Trim Vinyl, Trim Wood
  • Roof:
  • Stories: 2
  • Fireplaces: Has Fireplace
  • Swimming Pool: Yes
  • Property Taxes: $16,744
  • MLS #: 999119

Location

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Contact Information:

Contact Agent
Listing Agent: Jennifer Bond, Compass Florida, LLC, 850-867-9317, 305-851-2820 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Destin, Florida
Ad Number : 7484757
Viewed: 83 times
Added: Mar 27, 2026
Updated on: Jun 10, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.